Biggest bet ever in the history of Bitcoin?

nakamura12

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Quote from: acroman08 on September 12, 2020, 03:39:33 AM

Quote from: GamblingSiteFinder on September 12, 2020, 02:09:21 AM

A Bustabit user named “WangTang_V2” just made a MASSIVE 109 BTC bet (~$11,300,000 USD) with a successful cashout at 1.02x. The win paid the user 2.18 BTC (~$22,600 USD). It's the largest bet ever placed on the popular Bitcoin gambling site.

Tweet: https://twitter.com/gmblngsitefindr/status/1304646769096232961

Game Result: https://www.bustabit.com/game/3677040

I don't see the point of reviving an almost 5-years old dead thread just to post this. you could have just posted this on their ANN thread and leaving this 5 years old dead thread alone.

Indeed, maybe that person did not read about bumping old threads especially this thread which is dead for 5 years and shouldn't have bumped. If not posting on an ann thread better create a new thread and start discussing again and only use this thread for looking up the old information.

Twentyonepaylots

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Quote from: acroman08 on September 12, 2020, 03:39:33 AM

Quote from: GamblingSiteFinder on September 12, 2020, 02:09:21 AM

A Bustabit user named “WangTang_V2” just made a MASSIVE 109 BTC bet (~$11,300,000 USD) with a successful cashout at 1.02x. The win paid the user 2.18 BTC (~$22,600 USD). It's the largest bet ever placed on the popular Bitcoin gambling site.

Tweet: https://twitter.com/gmblngsitefindr/status/1304646769096232961

Game Result: https://www.bustabit.com/game/3677040

I don't see the point of reviving an almost 5-years old dead thread just to post this. you could have just posted this on their ANN thread and leaving this 5 years old dead thread alone.

Yeah I think of this too, it was made in 2015, a 5 year old thread enough to make a new one for this topic. Anyways, I've seen a lot of big bets in the history, I'm actually jealous on how these people are just gambling what I owned or even beyond of what I owned lol. So yeah this is the biggest that I've seen, the previous that I know was only 90 btc.

May I know what game did he play?

john_nautica

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With regards to those amounts that are being wagered, I really doubt if 50% of those bets are genuine because there is a big chance that the team behind the project
will just show that huge amount of winning just to market further their platform in short there is no genuine bet or winning that really happened.

But if there are really genuine bets that was wagered by someone then I am really curious also if what are the biggest bet or winning that really happened.

acroman08

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Quote from: GamblingSiteFinder on September 12, 2020, 02:09:21 AM

A Bustabit user named “WangTang_V2” just made a MASSIVE 109 BTC bet (~$11,300,000 USD) with a successful cashout at 1.02x. The win paid the user 2.18 BTC (~$22,600 USD). It's the largest bet ever placed on the popular Bitcoin gambling site.

Tweet: https://twitter.com/gmblngsitefindr/status/1304646769096232961

Game Result: https://www.bustabit.com/game/3677040

I don't see the point of reviving an almost 5-years old dead thread just to post this. you could have just posted this on their ANN thread and leaving this 5 years old dead thread alone.

kkaroul4

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Quote from: GamblingSiteFinder on September 12, 2020, 02:09:21 AM

A Bustabit user named “WangTang_V2” just made a MASSIVE 109 BTC bet (~$11,300,000 USD) with a successful cashout at 1.02x. The win paid the user 2.18 BTC (~$22,600 USD). It's the largest bet ever placed on the popular Bitcoin gambling site.

Tweet: https://twitter.com/gmblngsitefindr/status/1304646769096232961

Game Result: https://www.bustabit.com/game/3677040

Not quite sure if this is the largest one if I remember there's some user from a known dice game who also did the same with a 100+ BTC too not quite sure if which one bet is larger, also it's very risky but a very profitable type of strategy.

GamblingSiteFinder

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A Bustabit user named “WangTang_V2” just made a MASSIVE 109 BTC bet (~$11,300,000 USD) with a successful cashout at 1.02x. The win paid the user 2.18 BTC (~$22,600 USD). It's the largest bet ever placed on the popular Bitcoin gambling site.

Tweet: https://twitter.com/gmblngsitefindr/status/1304646769096232961

Game Result: https://www.bustabit.com/game/3677040

dooglus

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Quote from: AtheistAKASaneBrain on December 08, 2015, 11:38:06 AM

What I would like to know is the smallest bet with the biggest return but that's for another thread, in fact I will make one asking this right now.

So you're asking for the highest payout multiplier?

Just-Dice has a "one in a million" chance bet, which pays out 990,000x if you win.

I think 2 people won it when playing for BTC, and 2 more won it playing for CLAM.

See https://just-dice.com/roll/929785969 and https://just-dice.com/roll/941642049 for the CLAM ones.

Both players risked 0.0001 CLAM (about $0.0001) and won 90 CLAM (about $90). But I think they both took more than a million attempts to win, so they both ended up with a net loss anyway!

AtheistAKASaneBrain

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Quote from: dooglus on December 07, 2015, 03:41:56 PM

Don't forget this one; a 1,000 BTC bet in March 2014 when BTC was around $650 ($650k) is close in dollar value to the 7,016 BTC bet on Just-Dice when BTC was $137 ($961k).

If you're looking for the biggest number of BTC ever bet, Vandroiy once bet pirateat40 5,000 BTC that his BS&T was a Ponzi - and won. But BTC was only around $5 at the time, so it was "only" a $25k bet.

Yep it should be taken into account the fact that since BTC price fluctuates a lot, in the early days someone could have made a bet of 1 million Bitcoins and it wouldn't be impressive since back then Bitcoin was pretty much a cent of a cent of a dollar. What I would like to know is the smallest bet with the biggest return but that's for another thread, in fact I will make one asking this right now.

hua_hui

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Quote from: dooglus on December 08, 2015, 04:29:53 AM

Quote from: LuckyYOU on December 08, 2015, 04:15:57 AM

That's just what I learned from my expierence and the players around me as well as online. People who place higher bets got a higher chance of winning the bet rather than someone who places a lower value of bets.

It's funny because most often I hear the exact opposite:

"I win my small bets but lose my big ones"...

In reality, of course, the chance of winning a bet doesn't depend on the size of the stake. Or at least, it shouldn't if the game is fair!

i truely understand what he mean. Those who tends to bet big at the start tends to profit easier den those who start with small bet. i am not talking about dice game or so. i am referring to real casino game play. i cant really say why the reasons so but with the groups of my friends who always gamble, those who gamble big at the start tends to even out, those who bet with small amount tends to loss most of the time. very hard to explain but somehow i figure a bit.

LFC_Bitcoin

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Quote from: eternalgloom on December 07, 2015, 01:16:18 PM

These are some big wins on Bitcoinvideocasino, biggest one being 765 Bitcoins, won through progressive jackpot slots.

Wow some epic wins there. Why never me Grin

, that's what I think every time I see something like this.

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Quote from: LuckyYOU on December 08, 2015, 03:45:58 AM

All these high winnings come from high bets. It's more likely for a player who places high bets to win rather than someone who's placing lowere bets. The higher your bets the higher the chances are of you winning the bet.

There is no such logic, lol. Shocked

The chance for you to win is not depends on the amount of money gambled, it is depends on your luck.

dooglus

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Quote from: LuckyYOU on December 08, 2015, 04:15:57 AM

That's just what I learned from my expierence and the players around me as well as online. People who place higher bets got a higher chance of winning the bet rather than someone who places a lower value of bets.

It's funny because most often I hear the exact opposite:

"I win my small bets but lose my big ones"...

In reality, of course, the chance of winning a bet doesn't depend on the size of the stake. Or at least, it shouldn't if the game is fair!

Karartma1

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I hope that people here will not take this thread as a suggestion of betting more money into slots and dice. We all agree these are insane bets and winnings but please don't be fooled by those numbers: it happens but that's rare or it's cheating!

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Quote from: thejaytiesto on December 07, 2015, 01:07:01 PM

Looking at some of the bets out there it seems there are some really high rollers risking insane amounts of money. I just saw a thread with a guy that won 500 BTC. My question is: What is the highest bet amount ever recorded in the history of Bitcoin gambling? considering there have been Bitcoin casinos for a while now, im sure there will be some really high rolls that im not aware of.

Once I was watching in real time like the user HufflePuff on PrimeDice was betting 20 BTC at a time and was winning like a madman. He won hundreds of BTC in the matter of minutes. He was cheating though, as far as I know.

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Quote from: dooglus on December 08, 2015, 04:03:01 AM

Quote from: LuckyYOU on December 08, 2015, 03:45:58 AM

The higher your bets the higher the chances are of you winning the bet.

Huh? Why?

That's just what I learned from my expierence and the players around me as well as online. People who place higher bets got a higher chance of winning the bet rather than someone who places a lower value of bets.

dooglus

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Quote from: LuckyYOU on December 08, 2015, 03:45:58 AM

The higher your bets the higher the chances are of you winning the bet.

Huh? Why?

dooglus

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Quote from: adaseb on December 08, 2015, 03:42:05 AM

I wonder why he kept spreading out the times and not just bet it all in the same hour, wouldn't of made a difference in the end.

There's a whole ridiculous backstory around those bets. It's been told on these forums several times before, so I won't go into it again.

Here's one short telling of it:

https://bitcointalksearch.org/topic/m.3804386

Here's a much longer version, in the form of Just-Dice chat logs:

https://bitcointalksearch.org/topic/m.12063296

Quote from: adaseb on December 08, 2015, 03:42:05 AM

Also wonder why he kept increasing his odds by a few percentages.

He had to increase the chance of winning as his bankroll increased to reduce the payout multiplier and keep his profit within the site limit.

jt byte

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Well some people are really lucky with that high bet they just won, but the others just lose.
If I was me I just don't bet that much money to risky.
Maybe true that people do high bets they have more chances to win, but is still so risky if you lose.

LuckyYOU

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All these high winnings come from high bets. It's more likely for a player who places high bets to win rather than someone who's placing lowere bets. The higher your bets the higher the chances are of you winning the bet.

adaseb

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Quote from: dooglus on December 07, 2015, 04:45:01 PM

Quote from: Sir_lagsalot on December 07, 2015, 04:15:56 PM

The biggest bet I've heard of and been given proof is the 7000 BTC gamble on Justdice. The second highest one I've seen was one by QS on primedice, profiting him 150 BTC Cheesy

As I understand it, PrimeDice has a maximum payout of 20 BTC (or is it 40 BTC?) but that includes your original stake, too. So there's no way to profit 150 BTC.

The 7000 BTC bet by mechs was the 27th in a series of 27 bets he made in a few days, all over 1000 BTC. He won the first 26 of them:

Quote

1   2013-10-02 07:34:43 #148575723: 1767.51587669 BTC @ 92% hi: lucky:19.0776 profit: 134.48490980 bal:1902.00078649
2   2013-10-02 07:34:53 #148575921: 1767.51587669 BTC @ 92% hi: lucky:12.2165 profit: 134.48490980 bal:2036.48569629
3   2013-10-02 07:35:39 #148576957: 1767.51587669 BTC @ 92% hi: lucky:73.9495 profit: 134.48490980 bal:2170.97060609
4   2013-10-02 07:42:12 #148584193: 2170.97057849 BTC @ 92% hi: lucky:60.4122 profit: 165.18255156 bal:2336.15313005
5   2013-10-02 07:43:30 #148585325: 2336.15313005 BTC @ 92% hi: lucky:79.5807 profit: 177.75078975 bal:2513.90391980
6   2013-10-02 07:48:30 #148590355: 2513.90372740 BTC @ 92% hi: lucky:52.1169 profit: 191.27529235 bal:2705.17901975
7   2013-10-02 07:49:13 #148590882: 2513.90372740 BTC @ 92% hi: lucky:93.7250 profit: 191.27529235 bal:2896.45431210
8   2013-10-02 07:51:02 #148591949: 2896.45431590 BTC @ 92% hi: lucky:57.2928 profit: 220.38240367 bal:3116.83671957
9   2013-10-02 08:01:57 #148601047: 3116.83674877 BTC @ 93% hi: lucky:92.4414 profit: 201.08624487 bal:3317.92299364
10   2013-10-02 08:12:54 #148612542: 3317.92314519 BTC @ 93% hi: lucky:82.9679 profit: 214.05956096 bal:3531.98270615
11   2013-10-02 08:19:29 #148618898: 3533.97982021 BTC @ 95% hi: lucky:45.0747 profit: 148.79913916 bal:3682.77895937
12   2013-10-02 08:21:04 #148620446: 3682.77897204 BTC @ 95% hi: lucky:56.5205 profit: 155.06436614 bal:3837.84333818
13   2013-10-03 22:16:36 #151396071: 3846.94273818 BTC @ 93.01% hi: lucky:41.2406 profit: 247.74957520 bal:4094.69231338
14   2013-10-03 22:16:56 #151396629: 3846.94273818 BTC @ 93.03% hi: lucky:90.6891 profit: 246.86927929 bal:4341.56159267
15   2013-10-03 22:17:12 #151397027: 3846.94273818 BTC @ 93.09% hi: lucky:78.7297 profit: 244.23066127 bal:4585.79225394
16   2013-10-03 22:17:36 #151397665: 3846.94273818 BTC @ 93.2% hi: lucky:33.1190 profit: 239.40201721 bal:4825.19427115
17   2013-10-03 22:21:15 #151403104: 4825.19427115 BTC @ 94.3% hi: lucky:40.0573 profit: 240.49216990 bal:5065.68644105
18   2013-10-03 22:24:13 #151406494: 5065.68648587 BTC @ 94.55% hi: lucky:17.7951 profit: 238.41673708 bal:5304.10322295
19   2013-10-03 22:27:04 #151408897: 5304.10330755 BTC @ 95.09% hi: lucky:05.4491 profit: 218.09910565 bal:5522.20241320
20   2013-10-04 05:01:01 #151911402: 5519.94840009 BTC @ 95.21% hi: lucky:97.9878 profit: 219.73115077 bal:5739.67955086
21   2013-10-04 05:01:05 #151911481: 5519.94840009 BTC @ 95.21% hi: lucky:59.0951 profit: 219.73115077 bal:5959.41070163
22   2013-10-04 05:02:56 #151914007: 5959.41068558 BTC @ 95.51% hi: lucky:26.6702 profit: 217.76091885 bal:6177.17160443
23   2013-10-04 05:04:58 #151915792: 6177.17161758 BTC @ 95.71% hi: lucky:47.1520 profit: 212.33823588 bal:6389.50985346
24   2013-10-04 05:08:04 #151919268: 6389.50987008 BTC @ 95.81% hi: lucky:98.4443 profit: 212.73911449 bal:6602.24898457
25   2013-10-04 05:11:39 #151923159: 6602.24886053 BTC @ 95.95% hi: lucky:34.1439 profit: 209.86825940 bal:6812.11711993
26   2013-10-04 05:14:24 #151926184: 6812.11702310 BTC @ 96.04% hi: lucky:09.6031 profit: 209.95278458 bal:7022.06980768
27   2013-10-04 07:22:09 #152097271: 7016.28891331 BTC @ 96.2% hi: lucky:03.5475 profit:-7016.28891331 bal: 0.00000000

I wonder why he kept spreading out the times and not just bet it all in the same hour, wouldn't of made a difference in the end.

Also wonder why he kept increasing his odds by a few percentages.

Topic: Biggest bet ever in the history of Bitcoin? (Read 2073 times)